Hotel plan may help revitalize Covington

Funds approved for project to transform old City Hall

10:50 AM,
Jan. 20, 2014

Thursday, Jan. 16, 2014 KYHOTELCOVINGTON SPORTS : Guy Van Rooyen Chief Executive Officer for Fabulous Furs has received the ok to buy the old Covington City Hall building and build a new Hotel Covington on Madison. The Enquirer/Jeff Swinger

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The disheveled old Covington City Hall stands bleak and vacant in the city's urban core, but the building's prospective owners, who intend to turn it into a boutique hotel, say they're racing ahead on making Hotel Covington a reality.

"We are almost crossing the finish line," said Guy van Rooyen, president of Salyers Group, which has been joined by Aparium Hotels of Chicago in the project.

Covington City Commission last week approved a purchase agreement that requires the developers to pay the city $25,000 in earnest money and then, at the end of 60 days, the rest of the $1 million purchase ...